Sagrada Familia Group
One of the members is Lucina who by means of effort and constant work and by applying the vital behaviors of successful women is seeking to improve her poverty situation. She works selling food items and says she’s acquired a good clientele that enjoys what she makes very much. With much effort she’s growing and improving her family’s economy.
Lucina’s asking for this loan to buy meats, condiments, vegetables and other ingredients to continue making her meals.
Una de las integrantes es la Sra. Lucina, quien a través del esfuerzo y lucha constante y las aplicaciones de los comportamientos vitales de una mujer exitosa, ella busca mejorar su situación de pobreza. Ella se dedica a la venta de comestibles y cuenta que se hizo de muy buena clientela que gusta mucho de lo que ella prepara. Con mucho esfuerzo está creciendo y mejorando su economía y la de su familia.
La Sra. Lucina solicita de este crédito para poder invertirlo en la compra de carnes, condimentos, verduras y demás insumos para poder seguir con la elaboración de sus comidas.
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid